|
|
Bank Rate TablesCD RatesMortgage Rates Savings Account Rates Weekly Bank RatesMortgage RatesCD Rates Money Market/Savings Rates Checking Account Rates Banking & Finance InformationBank CD RatesBank Mortgage Rates Bank Savings Accounts blog.HSH.com/Mortgage News Certificate of Deposit Accounts FDIC Insured Up To $50 Million Credit Union CD Rates Credit Union Mortgage Rates Credit Union Savings Accounts Refinance Rates Banking ArticlesMutual Security Credit Union CD RatesAlabama Central Credit Union CD RatesAcacia Federal Savings Bank CD RatesBest CD Rate - 12 month CD from EastbankCertificate of Deposit Rates Down AgainBest CD Rates - March 11, 2010Alabama Credit Union Certificate of Deposit RatesTennessee Commerce Bank Certificates of DepositEmigrantDirect.com CD RatesPenFed Certificate of Deposit RatesOneWest Bank Certificate of Deposit RatesSallie Mae CD Rates6 Month CD Rates at Banks - March 1, 2010Top 12 Month CD Rates - Highest 2.00% APYBank CD Interest RatesA Higher Discount Rate Doesn’t Mean Higher CD Rates, Savings Rates and Mortgage RatesTop 12 Month CD RatesInterest Rates are going Higher in 2010AmTrust Direct Bank CD RatesCD Rates: 3 Month CD Rates Jump HigherCD Rates - February 1, 2010Bank CD Rates - January 25, 2010CD Rates: Top 10 One Year CD RatesCurrent Bank CD RatesTop 36 Month CD RatesFed Proposes Certificates of Deposit for BanksThe Direction of CD Rates and Mortgage Rates in 2010 Will Be HigherBest 3 Month CD Rates“Unbanked” and “Underbanked” U.S. HouseholdsHome Prices up 0.9% in Q3 |
Find Certificate of Deposit - CD Rates in Your Area
What does this mean for WaMu’s customers? According to the FDIC the transition will be seamless, there will be no interruption in service. JPMorgan Chase Bank is honoring all deposits. The following Q&A session will help you decide whether or not to continue banking with JPMorgan Chase Bank. Are my deposits transferred from Wamu to JPMorgan Chase still FDIC insured if I already have an account with JPMorgan Chase? All deposits that are transferred from WaMu to JPMorgan Chase will be separately insured for six months after the sale of Washington Mutual Bank. So if your combined deposits are over the FDIC insured limit you have 6 months to withdraw funds to stay within the limit. Will JPMorgan Chase Bank honor WaMu’s 5.00% APY 1 year CD rate? Yes, JPMorgan Chase Bank is honoring all deposits, including WaMu’s promo 5.00% APY 1 year CD. At this time JPMorgan Chase Bank is still offering the promo 5.00% APY 1 year CD, which is one of the best CD rates available. JPMorgan Chase Bank 5.0% APY 1 year CD Rate Application Will checks that I have written on my WaMu checking account clear? All checks drawn before WaMu closed will be honored as long as there are sufficient funds in the account. Can I withdrawal funds without incurring an early withdrawal penalty? Yes, you can withdraw funds from any account transferred to JPMorgan Chase before you enter into a new deposit agreement with JPMorgan Chase. Will I receive interest accrued on my accounts from JPMorgan Chase? Yes, all interest accrued through 9/25/08 will be paid at the same rate. What about future interest rates? JPMorgan Chase is reviewing rates and will provide further information shortly. Do I continue paying any loans I have with WaMu? Yes, you need to continue to honor any loans you had with WaMu with JPMorgan Chase since you are contractually required to do so. According to the FDIC website, “The terms of your contract will not change because they are contractually agreed to in your promissory note.” Where should I send my loan payments? You should send checks to the same address until further notice from JPMorgan Chase Bank. |
Bank Review ArchivesBank Reviews & DealsBest CD Rates Online Savings Accounts Online Checking Accounts Best Credit Cards Personal Finance Mortgages Insurance Auto Loans Certificate of Deposit CalculatorsCD Ladder CalculatorCertificate of Deposit Calculator Mortgage CalculatorsMortgage CalculatorDebt CalculatorsDebt Consolidation CalculatorCredit Card Payoff Calculator Rate ArchivesMarch 2010February 2010 January 2010 December 2009 November 2009 October 2009 |
The office of Thrift Supervision has shut down Washington Mutual Bank and named the FDIC as the receiver. JPMorgan Chase Bank has acquired all the banking assets of WaMu.
